BAE Systems linked to deals in countries accused of human rights abuses: Report

A BAE Systems Hawk taxying on a runaway. Peterfz30 | Istock | Getty Images LONDON — BAE Systems, the U.K.’s largest defense contractor, has established trading relationships with countries accused of human rights abuses, according to a new report that reveals the extensive reach of its lucrative arms business. Over the past decade, the defense … Read more

Qatar re-evaluates key mediator role in Middle East conflict

U.S. Secretary of State Antony Blinken is greeted by Qatari officials upon his arrival in Doha, Qatar, Friday Oct. 13, 2023. Jacquelyn Martin | Reuters Qatar is reconsidering its role as cease-fire broker between Israel and Palestinian militant group Hamas, the Gulf state’s prime minister said, expressing concerns that Doha’s mediation has been subject to … Read more

EU official warns on weaponization of trade amid U.S.-China tensions

Valdis Dombrovskis, Vice-President of the European Commission for the Euro & Social Dialogue, photographed at the Renaissance Harbour View Hotel in Wan Chai. 02DEC17 SCMP/ Xiaomei Chen (Photo by Chen Xiaomei/South China Morning Post via Getty Images) South China Morning Post | South China Morning Post | Getty Images The European Union’s trade chief on … Read more

Singapore NODX falls 20.7%, misses expectations

Container ships and bulk carriers behind the Marina Bay Sands hotel and casino offshore from Singapore, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images Singapore’s non-oil domestic exports plunged 20.7% in March from a year ago, a sharp decline from the revised 0.2% fall in February. The 20.7% fall missed expectations by … Read more

United Airlines (UAL) 1Q 2024 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the manufacturer’s safety crisis. United expects to receive … Read more

Boeing defends 787 Dreamliner safety after whistleblower claims

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Monday defended the quality and safety testing on its 787 Dreamliner and 777 aircraft, days after one of … Read more

World’s busiest airport rankings for 2023

British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021.  John Sibley | Reuters International travel roared back last year, pushing airports from London to Tokyo up in a global ranking of passenger traffic. Dubai International Airport ranked second-busiest in 2023, up from fifth place in 2022 and fourth … Read more

Nifty: Volatility may cap Nifty at 22,500; trade cautiously

With the dollar index and US 10-year bond yields on the rise, along with increasing crude prices and geopolitical tensions, analysts advise a cautious approach. They advise investors to refrain from chasing buying opportunities at elevated levels and suggest booking profits on any bounceback. ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, … Read more

China remains a crucial market for U.S. chipmakers amid rising tensions

US-China chip war graphic Wong Yu Liang | Moment | Getty Images China remains an essential market for most American chipmakers despite Washington’s efforts to restrict chip sales to the country and amid Beijing’s push for self sufficiency in the semiconductor sector.  Data from S&P Global showed that U.S. chip giants Intel, Broadcom, Qualcomm and Marvell Technology … Read more

China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says

An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s latest policy to boost demand will soon have a greater effect on growth, a top official at the economic … Read more